ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

tjfslaughter · 21 May 2018, 10:31 PM

I was at an AD over the weekend discussing the shortage. They pointed out a few things Rolex is doing to stop re-sellers.

1. A person can only purchase one model of watch (for instance one SD43, one sub, one Daytona, etc) in a lifetime. If they want to purchase another one a police report or insurance statement must be provided demonstrating that the watch was damaged or stolen.
2. Rolex is talking to certain dealers to identify habitual flippers and recommending banning sales to them.
3. They are tracking purchasers, not just the name on the warranty cards.

I am not sure if this applies to all dealers or just the large chains.

WBA_Daytona · 21 May 2018, 10:34 PM

I really think this AD had something to drink before this discussion took place.

RHIII · 21 May 2018, 10:36 PM

I am not even going to comment.

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RHIII · 21 May 2018, 10:37 PM

Quote:

Originally Posted by andrei_sfirloaga

I really think this AD had something to drink before this discussion took place.

Somethings — plural. Lol

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zjd168 · 21 May 2018, 10:37 PM

impractical to enforce

Zakalwe · 21 May 2018, 10:47 PM

Variations of all three are happening in the U.K.

You may not take my word for it, there are other more venerable members of TRF who can vouch for it.

Make of that what you will.

Thuilln · 21 May 2018, 10:48 PM

OP : do you really believe all this crap?

AK797 · 21 May 2018, 10:49 PM

All true. Standard stuff in UK which is a year ahead of the US, and will be global policy soon.

VicLeChic · 21 May 2018, 10:51 PM

Only the CIA and/or NSA would be capable of such feat.
Good luck, Rolex

cht · 21 May 2018, 11:11 PM

Quote:

Originally Posted by tjfslaughter

I was at an AD over the weekend discussing the shortage. They pointed out a few things Rolex is doing to stop re-sellers.

1. A person can only purchase one model of watch (for instance one SD43, one sub, one Daytona, etc) in a lifetime. If they want to purchase another one a police report or insurance statement must be provided demonstrating that the watch was damaged or stolen.
2. Rolex is talking to certain dealers to identify habitual flippers and recommending banning sales to them.
3. They are tracking purchasers, not just the name on the warranty cards.

I am not sure if this applies to all dealers or just the large chains.

1. So, you can't ever gift someone the same watch you have?

2. isn't that what grey market buyers do as a service to the AD that can't move MSRP 50 undesirable ugly models of a datejust?

3. They are in the business to sell, right???

ap1 · 21 May 2018, 11:16 PM

Not buying this. Yet

wytrader · 21 May 2018, 11:21 PM

Did the AD mention whether Rolex was planning on chipping their watches to be able to catch the flippers and accuse them of breaking no law at all and simply buying something for less than it is worth and reselling it for its actual value?

tudorbaja27 · 21 May 2018, 11:23 PM

Impractical. Ineffective. Rather dumb. So probably untrue.

beshannon · 21 May 2018, 11:33 PM

Someone could do an entire sitcom with these AD "comments"!

rootbeer7 · 21 May 2018, 11:33 PM

money talks!!

Jerodp716 · 21 May 2018, 11:36 PM

good lord.............................................. .........

MoosicPa · 21 May 2018, 11:44 PM

So according to this AD, if I am in Philly this week and buy a Submariner, and next week while on vacation in Rome I go into an AD and seek to buy another Submariner they have in stock, Rolex is going to somehow block this sale?

What if I buy a 116610 (Date Sub.) today and then want to buy a 114060 (N/D Sub) next week?

Seems silly and unenforceable.

Nikrnic · 21 May 2018, 11:47 PM

Only one of each. I doubt that.

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brandrea · 21 May 2018, 11:49 PM

Quote:

Originally Posted by AK797

All true. Standard stuff in UK which is a year ahead of the US, and will be global policy soon.

I agree with you Neil, times they are a changing.

mg18 · 21 May 2018, 11:51 PM

What if you wanted to buy a particular watch for 3 of your children, you have to get them all different models?

epc2 · 21 May 2018, 11:52 PM

Yes it's true , you can only buy one DJ, One White Milgauss and only one PM piece in your lifetime.LOL

tjfslaughter · 22 May 2018, 12:06 AM

Quote:

Originally Posted by mg18

What if you wanted to buy a particular watch for 3 of your children, you have to get them all different models?

I discussed this with them and it can get approved but not on all models.

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samson66 · 22 May 2018, 12:08 AM

Well I guess i better be pretty sure exactly what I want since I only get one shot per lifetime LOL! these AD's are hilarious I swear

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Quamby · 22 May 2018, 12:09 AM

How does this stop AD's from selling to flippers? Any flipper can just put multiple names onto his friendly AD's wait list.

tjfslaughter · 22 May 2018, 12:09 AM

Quote:

Originally Posted by samson66

Well I guess i better be pretty sure exactly what I want since I only get one shot per lifetime LOL! these AD's are hilarious I swear

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One shot per model, in other words they are trying to stop guys from buying up all the SD43, Stainless Skydwellers, Stainless Daytona’s and flipping them.

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beshannon · 22 May 2018, 12:09 AM

Quote:

Originally Posted by tjfslaughter

I discussed this with them and it can get approved but not on all models.

rudestew · 22 May 2018, 12:11 AM

I removed my name from multiple AD in the same group as i was told it would flag up ( tbh two out of three offered me the sd43 at the same time lol left hand right hand springs to mind )

jaydav2306 · 22 May 2018, 12:12 AM

Makes me laugh all this talk of new rules and the way ADs operate. The situation in the UK is truly dire because without a doubt these ADs are back handing to the grey market.

You only have to see the amount of "2018 with stickers" stock that UK greys are getting on a weekly basis to know that this is happening, how Rolex stop that happening I don't know but it is happening

MonsterSS · 22 May 2018, 12:23 AM

funny, my AD flat out told me that one customer came in that was visiting from HK, he bought 6 rolex's and told the AD he was taking them back and would sell 4 of them, and the profits from that would pay for the remaining 2. So not only did my AD let it happen, they were bragging about it

opaline460 · 22 May 2018, 12:27 AM

21 May 2018, 10:31 PM	#1
tjfslaughter Banned Join Date: Feb 2018 Location: NJ Posts: 102	Discussion with a AD I was at an AD over the weekend discussing the shortage. They pointed out a few things Rolex is doing to stop re-sellers. 1. A person can only purchase one model of watch (for instance one SD43, one sub, one Daytona, etc) in a lifetime. If they want to purchase another one a police report or insurance statement must be provided demonstrating that the watch was damaged or stolen. 2. Rolex is talking to certain dealers to identify habitual flippers and recommending banning sales to them. 3. They are tracking purchasers, not just the name on the warranty cards. I am not sure if this applies to all dealers or just the large chains.

21 May 2018, 10:34 PM	#2
WBA_Daytona "TRF" Member Join Date: Jun 2015 Location: Rome Italy Watch: Rolex Posts: 255	I really think this AD had something to drink before this discussion took place. __________________ Current watch collection 2019 GMT II 126710 BLRO 2019 Daytona 116500 Black Dial 2019 Submariner 116610LV

21 May 2018, 10:48 PM	#7
Thuilln "TRF" Member Join Date: Oct 2016 Real Name: Nick Location: YUL Watch: 16570 Posts: 1,936	OP : do you really believe all this crap? __________________ Nick _________________________________________ 14060M - 114200 - 114270 - 214270 - 16710BLRO - 16570 - 3570.50 - Cartier Tank Solo - Cartier Tank Française ‘Yearling’ - CWC Navy Diver

21 May 2018, 11:21 PM	#12
wytrader "TRF" Member Join Date: Sep 2008 Location: EU Watch: SD Posts: 583	Did the AD mention whether Rolex was planning on chipping their watches to be able to catch the flippers and accuse them of breaking no law at all and simply buying something for less than it is worth and reselling it for its actual value? __________________ 116520 116710LN, 116710BLNR 16600 V NIB, 116660, 116660, 116600, 126600, 126660, 126660, 126603 126610LV

21 May 2018, 11:23 PM	#13
tudorbaja27 "TRF" Member Join Date: Sep 2017 Location: Miami, FL Watch: Tudor & Cartier Posts: 2,497	Impractical. Ineffective. Rather dumb. So probably untrue. __________________ "Chi ha paura muore ogni giorno, chi non ha paura muore una volta sola" - Paolo Borsellino

21 May 2018, 10:36 PM	#3
RHIII Member Join Date: Jul 2014 Real Name: Roger Location: ... Watch: AP/Rolex/PP Posts: 6,309	I am not even going to comment. Sent from my iPhone using Tapatalk

21 May 2018, 10:37 PM	#5
zjd168 "TRF" Member Join Date: May 2009 Location: US Posts: 2,698	impractical to enforce

21 May 2018, 10:47 PM	#6
Zakalwe "TRF" Member Join Date: Jun 2017 Real Name: Sal Location: London Posts: 2,496	Variations of all three are happening in the U.K. You may not take my word for it, there are other more venerable members of TRF who can vouch for it. Make of that what you will.

21 May 2018, 10:49 PM	#8
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,277	All true. Standard stuff in UK which is a year ahead of the US, and will be global policy soon.

21 May 2018, 10:51 PM	#9
VicLeChic Banned Join Date: Jul 2014 Real Name: Victor Location: Spain Watch: YM 116622 - SD43 Posts: 2,598	Only the CIA and/or NSA would be capable of such feat. Good luck, Rolex

21 May 2018, 11:16 PM	#11
ap1 2024 Pledge Member Join Date: Mar 2013 Location: usa Posts: 19,079	Not buying this. Yet

21 May 2018, 11:33 PM	#14
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,895	Someone could do an entire sitcom with these AD "comments"! __________________ Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Glashutte Senator Exellence, Rolex 116710 GMT Master II BLNR, Breitling Superocean Steelfish, JLC Atmos Transparent

21 May 2018, 11:33 PM	#15
rootbeer7 "TRF" Member Join Date: Jan 2014 Location: london Posts: 5,974	money talks!! __________________ @imrootbeer7

21 May 2018, 11:36 PM	#16
Jerodp716 "TRF" Member Join Date: Sep 2015 Location: LA Posts: 427	good lord.............................................. .........

21 May 2018, 11:44 PM	#17
MoosicPa "TRF" Member Join Date: May 2010 Real Name: Don Location: Moosic PA Watch: King Midas & Subma Posts: 1,158	So according to this AD, if I am in Philly this week and buy a Submariner, and next week while on vacation in Rome I go into an AD and seek to buy another Submariner they have in stock, Rolex is going to somehow block this sale? What if I buy a 116610 (Date Sub.) today and then want to buy a 114060 (N/D Sub) next week? Seems silly and unenforceable. Last edited by MoosicPa; 21 May 2018 at 11:45 PM.. Reason: spelling

21 May 2018, 11:47 PM	#18
Nikrnic "TRF" Member Join Date: May 2017 Real Name: Louis Nick Ric Location: Michigan, USA Watch: Blnr, Expll, Subs, Posts: 10,160	Only one of each. I doubt that. Sent from my SM-G900V using Tapatalk

21 May 2018, 11:51 PM	#20
mg18 "TRF" Member Join Date: Jun 2015 Location: Toronto Watch: 126710BLRO Posts: 696	What if you wanted to buy a particular watch for 3 of your children, you have to get them all different models?

21 May 2018, 11:52 PM	#21
epc2 "TRF" Member Join Date: Jan 2017 Location: florida Watch: 116610LV,Pam etc. Posts: 1,310	Yes it's true , you can only buy one DJ, One White Milgauss and only one PM piece in your lifetime.LOL

22 May 2018, 12:08 AM	#23
samson66 2024 Pledge Member Join Date: Jul 2013 Real Name: Mike Location: Eastern Shore, MD Watch: my money leaving! Posts: 12,951	Well I guess i better be pretty sure exactly what I want since I only get one shot per lifetime LOL! these AD's are hilarious I swear Sent from my Samsung Galaxy S7 Edge using Tapatalk

22 May 2018, 12:09 AM	#24
Quamby "TRF" Member Join Date: Feb 2018 Location: Hong Kong Posts: 307	How does this stop AD's from selling to flippers? Any flipper can just put multiple names onto his friendly AD's wait list.

22 May 2018, 12:11 AM	#27
rudestew "TRF" Member Join Date: Jun 2015 Location: UK Bristol Watch: DSSD SD43 Mk1 50TH Posts: 1,247	I removed my name from multiple AD in the same group as i was told it would flag up ( tbh two out of three offered me the sd43 at the same time lol left hand right hand springs to mind )

22 May 2018, 12:12 AM	#28
jaydav2306 "TRF" Member Join Date: Aug 2015 Location: UK Posts: 383	Makes me laugh all this talk of new rules and the way ADs operate. The situation in the UK is truly dire because without a doubt these ADs are back handing to the grey market. You only have to see the amount of "2018 with stickers" stock that UK greys are getting on a weekly basis to know that this is happening, how Rolex stop that happening I don't know but it is happening

22 May 2018, 12:23 AM	#29
MonsterSS 2024 Pledge Member Join Date: Jul 2016 Real Name: Denny Location: Texas Watch: 126613LB Posts: 1,191	funny, my AD flat out told me that one customer came in that was visiting from HK, he bought 6 rolex's and told the AD he was taking them back and would sell 4 of them, and the profits from that would pay for the remaining 2. So not only did my AD let it happen, they were bragging about it

22 May 2018, 12:27 AM	#30
opaline460 "TRF" Member Join Date: Nov 2011 Location: US Posts: 3,384

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